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nevada, florida, arizona, and california. so we think what we're seeing in miami and hearing about is also something that's consistent with what we're hearing in other sun belt states, which are also starting to recover. >> so if you could choose maybe one or two cities, where would you invest? >> phoenix, las vegas, and florida are all ramping up at an accelerated rate. we expect that to continue too. >> craig, you're miami based, but are you looking to get in on some other hot cities? >> i think if we did anything else right now, we would probably do something internationally. i'm very focused on miami. there are enormous opportunities here, and before i start chasing deals in other cities, i want to definitely avail myself of the opportunities that are here. >> they say the state bird of florida is the crane. yeah, that stunk. craig, thank you. >> actually, it was pretty good. yeah, maybe stunk. "street signs" continues after the break. we're going to look at the markets before we go. ] you are a business pro. governor of
nevada, florida, arizona, and california. so we think what we're seeing in miami and hearing about is also something that's consistent with what we're hearing in other sun belt states, which are also starting to recover. >> so if you could choose maybe one or two cities, where would you invest? >> phoenix, las vegas, and florida are all ramping up at an accelerated rate. we expect that to continue too. >> craig, you're miami based, but are you looking to get in on some other...
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Nov 20, 2012
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he was arrested by the fbi this morning at his florida home, we're told, but the two of them worked at cr intrinsic. one reason i'm told cohen is is upset today or as of yesterday is that cr intrinsic was not just an isolated unit, it provided research and trading for other parts of the firm, not just what they were doing specifically. it's very troubling information for the firm and for cohen as well and i agree. it would seem to be another shoe to drop in this ongoing investigation. >> let's also be clear, kate, that neither mr. cohen nor sac itself with accused of any wrong doing. this is a gentleman who works for that unit. we have scott cohn on the phone with us. scott has covered most of the big high profile insider trading cases over the last several years. good to have you on. this is an aggressive u.s. attorney, right? he doesn't mess around. since 2009, he's brought some 72 cases of insider trading. right? >> right. it's worth noting these inv investigations predate him. we're seeing a lot of these investigations being wrapped up as the year comes to an end and prosecutors ha
he was arrested by the fbi this morning at his florida home, we're told, but the two of them worked at cr intrinsic. one reason i'm told cohen is is upset today or as of yesterday is that cr intrinsic was not just an isolated unit, it provided research and trading for other parts of the firm, not just what they were doing specifically. it's very troubling information for the firm and for cohen as well and i agree. it would seem to be another shoe to drop in this ongoing investigation. >>...
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Nov 20, 2012
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of course, the news broke earlier today that the manhattan attorney's office is bringing him in from florida to face these allegations that he's in the center of a $276 million trading scheme, the largest ever. back to you. liz: not involved in a negative way, but had to be questioned, and now he'll continue to help with the investigation. david: mystery phrase, by the way, from the charge, portfolio manager a, and the question is whether that is cohen, and the suspicion is that it is. breesht it. a -- appreciate it. a group of militaries telling the white house the rich should pay higher taxes. we have one of the folks. google employee ron garret. liz: a small business owner who says the health care law is good for his little shop. find out why. log on to facebook.com/afterthebell, click the "like" button, and what do you think? can businesses absorb the law? should they have to? looks like they'll have to. will they be able to? ♪ ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, t
of course, the news broke earlier today that the manhattan attorney's office is bringing him in from florida to face these allegations that he's in the center of a $276 million trading scheme, the largest ever. back to you. liz: not involved in a negative way, but had to be questioned, and now he'll continue to help with the investigation. david: mystery phrase, by the way, from the charge, portfolio manager a, and the question is whether that is cohen, and the suspicion is that it is. breesht...
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Nov 20, 2012
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new york and connecticut and this case centers upon a gentleman who was arrested by the fbi at his florida home this morning. he allegedly got inside information about an alzheimer's drug on trial in 2006 and 2007 being conducted jointly and he passed on that information to said hedge fund resulting in the ill gotten gains and in the process committed securities fraud among other accusations. we'll bring you more details as we have in this news just out this morning and there's a press conference later today at about 12:30. we'll bring you details. >> all right. already a busy month. thank you for that. we'll see you later on today. >>> big box retailer best buy reporting weaker than expected numbers just days before the unexpected start to the holiday season. for how much longer will it cut into profits? you won't want to miss what meg whitman has to say about that quarter and the autonomy write off at 10:40 eastern time. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9
new york and connecticut and this case centers upon a gentleman who was arrested by the fbi at his florida home this morning. he allegedly got inside information about an alzheimer's drug on trial in 2006 and 2007 being conducted jointly and he passed on that information to said hedge fund resulting in the ill gotten gains and in the process committed securities fraud among other accusations. we'll bring you more details as we have in this news just out this morning and there's a press...
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ago in the high fives and low sixes, so whether you're looking at the national association of home floridas index yesterday, marching up to the best levels since may of '06 or starts and permits, i would have to say that i can't tell you if every region is going to have hot housing market as some of the stories i was reading about in miami, but there seems little doubt at least at this point before everybody starts tackling deductions like home mortgage interest, that it's trying to get a bite and trying to grab. rates kicked up maybe a basis point. dollar index under duress and doing better again, the dollar that is on the yen and that has been one of the big trades last several weeks. back to you. >> rick, thank you. steve liesman is standing by in new york and steve the big thing coming up today has to be when bernanke is going to be speaking. we talked earlier about that. what really do you expect to hear today? >> not unrelated to the report we just got, becky, i think that's a good question because i think bernanke is going to be relatively pleased with what's happened to mortgages. i
ago in the high fives and low sixes, so whether you're looking at the national association of home floridas index yesterday, marching up to the best levels since may of '06 or starts and permits, i would have to say that i can't tell you if every region is going to have hot housing market as some of the stories i was reading about in miami, but there seems little doubt at least at this point before everybody starts tackling deductions like home mortgage interest, that it's trying to get a bite...
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all day pain relief with just two pills. >>> florida congressman allen west has conceded to patrick murray after two weeks of partial recounts and accusations that the vote count was unfair. west released a statement saying that though there are inaccuracies in the results his legal team does not believe there are enough votes to change the outcome of the election. allen outspent murphy four to one in the most expensive congressional races in american history. >>> up next, more on the breaking news out of the middle east and a cease-fire may be near. i'll talk with an israeli ambassador. plus, a house explosion that killed two people earlier this week is now being investigated as a homicide. ouncer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see
all day pain relief with just two pills. >>> florida congressman allen west has conceded to patrick murray after two weeks of partial recounts and accusations that the vote count was unfair. west released a statement saying that though there are inaccuracies in the results his legal team does not believe there are enough votes to change the outcome of the election. allen outspent murphy four to one in the most expensive congressional races in american history. >>> up next,...